Wells Fargo Maintains Overweight on Cadence Design Sys, Raises Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Gary Mobley has maintained an Overweight rating on Cadence Design Systems (NASDAQ:CDNS) and raised the price target from $250 to $270.
July 18, 2023 | 12:51 pm
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Wells Fargo has maintained an Overweight rating on Cadence Design Systems and raised the price target from $250 to $270.
The news of Wells Fargo maintaining an Overweight rating on Cadence Design Systems and raising the price target is likely to be seen as a positive signal by the market, potentially leading to an increase in the stock price in the short term.
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